Credit Union Earns Macomb County’s Best of the Best Award for Fifth Year
FreeStar Financial Credit Union, formerly known as Central Macomb Community Credit Union, was named in Macomb Daily’s Best of the Best Readers Choice Awards as the best credit union, claiming the title for the fifth year in a row.
“We are thrilled that the Macomb Daily readers and our members feel so strongly about the excellent service and products at FreeStar Financial CU that they voted for us again,” said Drema Isaac, President/CEO.
Keeping up-to-date with technological advancements like mobile deposit and online loan closings to provide convenience to members, the credit union has been able to retain members who now reside in 49 states and throughout the world. Additionally, the credit union created programs to help members rebuild their credit with a Fresh Start loan or Fresh Start checking account. Niche programs like the first-time auto buyers program and the Visa One card were created to help young members without credit establish themselves free from the need of a cosigner.
Educating members is another important element of FreeStar Financial CU’s success. Complimentary educational seminars are presented at the credit union for members on topics such as wills & trusts, elder law, home buying and credit scores each spring and fall. A special team of volunteers also visits high school students to conduct a budgeting simulation called Mad City Money. In just over two years, the credit union has reached over 1,200 students with the message of save early and create a budget.
In addition, the credit union grants $4,000 in scholarships to high school seniors annually for demonstrating community involvement, military honor or having a parent in the military while also demonstrating academic and community achievements.
“We are very appreciative of our volunteer board of directors and supervisory committee who exemplify the credit union philosophy of ‘people helping people’ by volunteering their time to the oversight of our great credit union,” said Isaac. “With that model, our employees donate more than 200 hours each October for Make A Difference Day, celebrated the fourth Saturday, by assisting at soup kitchens, helping with senior citizen activities, and organizing at food pantries.” The credit union sponsors dozens of events and organizations each year in the Macomb County area.